Oceanic Foods Limited has delivered robust financial performance for the quarter ended December 31, 2025, demonstrating strong year-over-year growth across key financial metrics. The Gujarat-based dehydrated vegetables and herbs manufacturer reported significant improvements in profitability and revenue generation.

Board Meeting and Regulatory Compliance

The company's Board of Directors convened on February 4, 2026, from 11:00 AM to 12:15 PM to consider and approve the standalone and consolidated unaudited financial results. The meeting was chaired by Managing Director and Chairman Ajesh Vinodrai Patel, who communicated the outcomes to BSE Limited under Regulation 33 of SEBI listing requirements.

Quarterly Financial Performance

The company's Q3FY26 results showcase substantial growth momentum with net profit increasing by 37.8% year-over-year. Revenue performance also remained strong despite some sequential challenges.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, reinforced the company's strong operational performance with consistent growth across all major parameters.

Operational Highlights

The company maintained its focus on its core business segment of dehydrated vegetables and herbs production. Cost of materials consumed for the quarter stood at ₹2,058.62 lacs compared to ₹1,900.15 lacs in Q3FY25. Employee benefits expenses increased to ₹140.14 lacs from ₹112.22 lacs, reflecting business expansion activities.

Finance costs rose to ₹98.30 lacs in Q3FY26 from ₹62.24 lacs in the previous year quarter, while other expenses increased to ₹559.27 lacs from ₹449.73 lacs. Despite higher operational costs, the company maintained healthy profit margins through improved operational efficiency.

Regulatory and Compliance Updates

The company recognized an estimated additional expense of ₹4.96 lacs towards gratuity and leave encashment following the Government of India's notification of new Labour Codes on November 21, 2025. This impact relates to the revised definition of wages under the Labour Codes and remains subject to final rules and requisite approvals.

Corporate Structure Development

Oceanic Foods Limited incorporated a subsidiary, Oceanic Food Ingredients Limited, on September 1, 2025, with a 51% holding. The subsidiary's consolidated results are included in the company's consolidated financial statements, though it reported nil revenue and profit for the reporting period.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 4, 2026. The results have been subject to limited review by statutory auditors Kamlesh Rathod & Associates, who expressed an unmodified conclusion.

Oceanic Foods Limited , a leading producer of dehydrated vegetables and herbs, has reported a significant increase in profits for the quarter ended September 30, 2025. The company's financial results, approved by the Board of Directors on November 10, 2025, reveal a robust performance and strategic expansion.

Financial Highlights

The company's quarterly profit surged to ₹164.67 lacs, marking a 33.8% increase from ₹123.06 lacs in the same period last year. This growth was supported by a 25.53% rise in net sales, which reached ₹4,307.40 lacs compared to ₹3,431.44 lacs in the previous year.

For a clearer picture of the company's financial performance, here's a breakdown of the key figures:

Half-Year Performance

The half-year results are equally impressive. Oceanic Foods reported a profit of ₹319.35 lacs for the six months ended September 30, 2025, compared to ₹222.13 lacs in the same period last year, representing a 43.77% increase.

New Subsidiary

In a strategic move to expand its business, Oceanic Foods incorporated a new subsidiary, Oceanic Food Ingredients Limited, on September 1, 2025. The parent company holds a 51% stake in this new entity, signaling its intent to diversify and strengthen its market position.

Balance Sheet Strength

As of September 30, 2025, Oceanic Foods' total assets stood at ₹9,306.98 lacs, up from ₹9,075.91 lacs at the end of the previous fiscal year. This increase in assets indicates the company's growing operational scale and financial stability.

Segment Focus

Oceanic Foods continues to operate within a single business segment, focusing on the production and sale of dehydrated vegetables and herbs. This specialized focus appears to be yielding positive results, as evidenced by the company's strong financial performance.

The company's consistent growth and strategic initiatives, including the incorporation of a new subsidiary, suggest a positive outlook for Oceanic Foods Limited. Investors and market watchers will likely keep a close eye on how these developments translate into long-term value creation for the company.